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Credit scores were also affected by the financial reform performed mostly by the Dodd-Frank Act. The new rules lead to confusion among consumers.

Consumer Financial Protection Bureau that was created under the Dodd-Frank Act is now considering the non-bank industries which fall under its regulation.

New pilot program provided by some large national banks lets checking account holders choose banking fees. Is it possible?

US Supreme Court rules Fed to release the data related to the emergency loans provided to Wall Street banks and firms during the financial crisis.

Consumer Financial Protection Bureau seeks to simplify the mortgage disclosure forms in order to make the information more understandable for consumers.

The new risk-retention proposal may exempt the loans with strict underwriting. Lenders can get a package of options after the rule approval.

TCF National Bank has provided a lawsuit over the new rules concerning debit card transaction fees. Will the lawsuit affect financial reform?

Financial reform brings a lot of changes. Some banks have already blocked the debit card reward program due to the strict measures.

US regulators were accused by the lawmakers who went too far on lending rule. They overstepped their authority and ignored the intents of the Congress.

Peer-to-peer lending industry grows rapidly in recent years and could require additional regulation. The CFPB will play an important role.